| 06.06.2012 - Australia: Exchange-traded fund industry 'could be worth $50bln' in a decade |
| Australia's $5 billion exchange-traded fund industry could be 10 times larger within a decade as a series of innovations make them more attractive to superannuation funds. Horizons ETFs Management president Howard Atkinson said yesterday that the 10-year delay in introducing ETFs to Australia had held back the development of the market and that an explosive period of growth lay ahead...............................................Full Article: Source |